Sign Up
AB 21 Nevada Assembly · 2025 Regular Session

Revises provisions relating to unemployment compensation. (BDR 53-308)

AB 21 revises administrative procedures for Nevada's unemployment compensation system. It eliminates a requirement for the Employment Security Division Administrator to calculate fund solvency metrics by September 30 each year. The bill also extends the deadline for transferring unencumbered funds from the Unemployment Compensation Administration Fund - from 90 days to 180 days - into the Unemployment Compensation Fund at the start of each new fiscal year. These changes streamline reporting and fund management without altering benefit amounts, eligibility, or employer contribution rates.
Bill status signed all 5 stages cleared
Introduction
Nov 2024
Committee Review
May 2025
Assembly Passage
May 2025
Senate Passage
May 2025
Signed into Law
May 2025
Introduced Nov 7, 2024 Signed May 26, 2025
Maddy AI version diff · 1 comparison

What changed between versions

As Introduced → As Enrolled · 4 edits · May 26, 2025
MODERATE
This bill amends Nevada's unemployment compensation law by removing a requirement for the state to annually calculate solvency metrics for the Unemployment Compensation Fund and changing the timing for transferring surplus funds from the Administration Fund to the Compensation Fund. The changes shift the transfer requirement from the end of each fiscal year to the end of the first 180 days of the succeeding fiscal year, providing more flexibility in fund management.
Scope change
The bill modifies existing statutory requirements for fund transfers and removes a specific annual calculation requirement, affecting how the state manages unemployment compensation finances.
REQUIREMENT

Eliminates the requirement for the Administrator to perform annual calculations to determine solvency information for the Unemployment Compensation Fund by September 30 each year.

FISCAL

Changes the timing for transferring surplus funds from the Unemployment Compensation Administration Fund to the Unemployment Compensation Fund from the end of each fiscal year to the end of the first 180 days of the succeeding fiscal year.

DEFINITION

Reorganizes and renumbers definitions in NRS 612.550, removing definitions for 'Average actual duration', 'Beneficiary', 'Covered worker', 'Unemployment risk ratio', and renumbering remaining definitions.

TECHNICAL

Updates document formatting and removes prefiling summary and fiscal note sections from the enrolled version.

Floor votes · Assembly Apr 10, 2025

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
19
Key actions
6
Committee
2
May 26, 2025
Signed into law
Approved by the Governor.
executive
May 20, 2025
Lower · Passed
In Assembly. To enrollment.
lower
May 19, 2025
Upper · Passed
Read third time. Passed. Title approved. (Yeas: 20, Nays: None, Excused: 1.) To Assembly.
upper
May 12, 2025
Upper · Passed
From committee: Do pass.
upper
Apr 10, 2025
Lower · Passed
Read third time. Passed. Title approved. (Yeas: 41, Nays: None, Excused: 1.) To Senate.
lower
Mar 25, 2025
Lower · Passed
From committee: Do pass.
lower
Nov 7, 2024
Introduced
Prefiled. Referred to Committee on Commerce and Labor. To printer.
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.